IR35

IR35 is legislation brought in to control the way in which contractors and freelancers are paid. If you are a contractor using a Ltd Company, then it is vital that you understand IR35 and its implications. Ignoring it could be costly.

The articles in this section are here to help you, but as always you should seek professional advice. Every situation and contractor is different and there are many factors to consider in deciding if you are inside or outside the scope of the IR35 rules. Get in-touch today to find out what we can do for you

Guide to IR35 Background

Although IR35 was announced in the Budget in March 1999 and was enacted after the start of the tax year, the Act allowed the legislation to be backdated to take effect from 6 April 2000.

HMRC introduced this legislation to discourage workers from setting up limited companies via which they would effectively work as employees but […]

August 28th, 2014|

IR35 Developments

Back in 2010 the Coalition created the Office of Tax Simplification with a view to reduce the burden of tax administration for small businesses, with emphasis on IR35.

It was widely reported in early 2011 that IR35 may be suspended or even abolished, but this was not to be the case. In complete contrast to the […]

August 28th, 2014|

IR35 Compliance

When trying to decide whether or not you would be caught by IR35 legislation, you need to consider various points regarding your work status.

IR35 is likely to be here to stay, although its final state is still under debate. In the mean time it is vital you understand the rules, ignoring IR35 would be a […]

August 27th, 2014|